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Oct 7, 2012
10/12
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. >> on jobs, when the economy -- president said the economy created 5 million jobs, is that true? >> i do not know. these numbers are so squishy, it is not 100% clear to me who is right about jobs. when i know is what they were saying on friday morning when they released those numbers. for the first time, more people who were out of the work force were getting jobs, and that is news. >> it is also import to keep in mind who has been hard hit by the economy. largely younger americans, african-americans, and hispanics. either those who would not vote or are supporting president obama. so i think you have got a pool of swing voters out there who are actually doing better by now in this economy than many people. >> let us talk about entitlement. >> if you are around 60 or older, you do not need to listen any further, but for younger people, we did talk about what changes are occurring. >> if you are 55, you may want to listen. this will affect you. >> this is the debate over congressman ryan's plan to turn medicare into a voucher program. the president says that it needs to be tweaked
. >> on jobs, when the economy -- president said the economy created 5 million jobs, is that true? >> i do not know. these numbers are so squishy, it is not 100% clear to me who is right about jobs. when i know is what they were saying on friday morning when they released those numbers. for the first time, more people who were out of the work force were getting jobs, and that is news. >> it is also import to keep in mind who has been hard hit by the economy. largely younger...
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Oct 6, 2012
10/12
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we know the economy's got to get better. the president said that yesterday, but he also went a little further in touting those job numbers and of course the context means so much. two campaign rallies in two swing states, in virginia and ohio. he did the same in both states, largely said the same thing. meanwhile, mitt romney at a campaign rally in virginia downplayed the numbers saying this is not the recovery we want. a lot of people have simply quit looking for work out of frustration, artificially driving the number down. alex in reality talking about the so-called real unemployment rate. that's down as well. a year ago, exactly a year ago last september it was way up above 16%. no question coming off the president's poor debate performance, this was something romney needed. comes as become news from a political standpoint not to mention the millions looking for work. >> absolutely. more from jack welch's appearance on "hardball." take a listen to this, mike. >> reporter: do you mean it's a coincidence or do you mean you
we know the economy's got to get better. the president said that yesterday, but he also went a little further in touting those job numbers and of course the context means so much. two campaign rallies in two swing states, in virginia and ohio. he did the same in both states, largely said the same thing. meanwhile, mitt romney at a campaign rally in virginia downplayed the numbers saying this is not the recovery we want. a lot of people have simply quit looking for work out of frustration,...
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Oct 6, 2012
10/12
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they think the economy's starting to get better. on the right track, wrong track numbers it's getting a little bit better. i think this just confirms a growing sense that we're moving forward. we're getting there. it's been a tough slog. we went from an economy that was losing nearly 800,000 jobs a month when president obama took office to a place now where the economy has created 5.2 million new jobs. so we're getting there. we're not there yet but we're getting there. >> john, mitt romney yesterday amid all the ecstasy about his debate performance took time on fox to say that he was now very sorry for saying what he said about the 47%. was that a smart political move in a moment of everyone feeling good about you to just bury that away? >> i think the timing was right that he said that, but i do hope he doesn't move away from what the bigger argument that he was trying to make, is that there are two choices in america today. are we going to become a country very, very dependent on big government that says give me all your money, g
they think the economy's starting to get better. on the right track, wrong track numbers it's getting a little bit better. i think this just confirms a growing sense that we're moving forward. we're getting there. it's been a tough slog. we went from an economy that was losing nearly 800,000 jobs a month when president obama took office to a place now where the economy has created 5.2 million new jobs. so we're getting there. we're not there yet but we're getting there. >> john, mitt...
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Oct 11, 2012
10/12
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. >> big,iel oh, a menace to our economy. mitt romney knows it's not wall street you have to worry about. it's sesame street. ( laughter ) ( applause ) ( cheers ) >> jon: so we're not moving on. ( laughter ) that's pretty hard hitting. you know the most damning line in thattade. >> i'm barack obama and i approve this message. >> jon: why? what is the use of having a superpac if they don't give you plausible deniability. you're going with the big bird pie, still? ( laughter ) you know what's going to happen next? >> this new ad that's come out from the obama campaign, let me play it for you this morning. i'd love your reaction, here it is. >> mitt romney taking on our enemies, no matter where they nest. >> i'm not even sure what the question is, senator, but i'm-- ( laughter ) i guess i am just asking-- >> i don't, either. ( laughter ). >> jon: that ad allowed john mccain, john mccain allowed him to laugh at you. ( laughter ) to laugh at you for using a cartoonish, child-like figure to invigorate your campaign. that's mccain w
. >> big,iel oh, a menace to our economy. mitt romney knows it's not wall street you have to worry about. it's sesame street. ( laughter ) ( applause ) ( cheers ) >> jon: so we're not moving on. ( laughter ) that's pretty hard hitting. you know the most damning line in thattade. >> i'm barack obama and i approve this message. >> jon: why? what is the use of having a superpac if they don't give you plausible deniability. you're going with the big bird pie, still? (...
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Oct 6, 2012
10/12
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it is very dangerous for the economy. mitt romney is not sitting in the seat where he gets a vote, but he should highlight the danger of this to the economy, the importance from here to the spring, and once you get to the spring, you have to do something. you have to commit to raising taxes and cutting spending. politicians hate those things. >> i totally agree with that. i think we need to hear from the candidates that they are serious about getting the deficits down to economically-sustainable levels over the next 10 years and not allow a short-term fiscal clipped to derail the economy. i would also like the default position to be that we revert to what it says in current law. i would like that to be the default, rather than business as usual. signal would you like to hear? >> we have really fallen into a horrible pattern of only making decisions when we face a crisis. the super committee last year was an attempt at a folk crauzx crisis. now we are fiscal cliff that aspirational labeled " -- will force crisis. the thing
it is very dangerous for the economy. mitt romney is not sitting in the seat where he gets a vote, but he should highlight the danger of this to the economy, the importance from here to the spring, and once you get to the spring, you have to do something. you have to commit to raising taxes and cutting spending. politicians hate those things. >> i totally agree with that. i think we need to hear from the candidates that they are serious about getting the deficits down to...
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Oct 7, 2012
10/12
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we did all those things knowing that that is our economy would be heated up. as for john mccain's and here is to rules and regulations and pushing for even harder and tougher regulations, that is another thing that he is known for give look at the tobacco industry. look at campaign finance reform. >> our time is up. aboutr biden, let's talk taxes. you have proposed raising taxes on people who earn more than $250,000. how is that not class warfare? governor palin, you have proposed taxing employer health benefits. i want to know why that is the taking things out on the poor. starting with you, senator biden. >> where i come from it is called fairness, simple fairness. the middle class is struggling. the middle class under john mccain possible tax proposals affect 100 million families, middle-class families. they have not done a single break in taxes. no one making less than $250,000 under barack obama's plan will see a single tax raised. and 95% of the people in the united states of america making less than $150,000 will get a tax break. that seems to me to be
we did all those things knowing that that is our economy would be heated up. as for john mccain's and here is to rules and regulations and pushing for even harder and tougher regulations, that is another thing that he is known for give look at the tobacco industry. look at campaign finance reform. >> our time is up. aboutr biden, let's talk taxes. you have proposed raising taxes on people who earn more than $250,000. how is that not class warfare? governor palin, you have proposed taxing...
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Oct 12, 2012
10/12
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so over the next five years, sluggish economy will slow oil demand growth and more oil put into the economy. nevertheless, nymex is up because they talk about as well this morning spiking higher anyway. and we've seen brent surprisingly up near 116, 15.60, as well. so the iranian exports hitting a new low in september may just be helping that spike up. >> iea says supply risk whether iran, iraq, are still a fact of life in the oil market. nevertheless it does see opec spare capacity more than doubling in the next five years. >> there's a difference between that five year forecast and the short term. so we'll talk about the oil markets. also plenty more to come on today's show, as well. >> we'll find out why howard mark says gold is not an intelligent investment. we'll also hear from the chief exec tip of infosys. find out why the investors didn't like the latest results. >>> plus we'll catch up with the world trade organization. and later in the show, we let a democrat and republican fight it out on our air over who won last neat's vice presidential debate. but it's a subjective view. >> ca
so over the next five years, sluggish economy will slow oil demand growth and more oil put into the economy. nevertheless, nymex is up because they talk about as well this morning spiking higher anyway. and we've seen brent surprisingly up near 116, 15.60, as well. so the iranian exports hitting a new low in september may just be helping that spike up. >> iea says supply risk whether iran, iraq, are still a fact of life in the oil market. nevertheless it does see opec spare capacity more...
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Oct 9, 2012
10/12
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his an state of the economy and whether the president is partially or enough to blame for the bad economy, he's going to lose. that's why you see the president has been launching all the attacks against bain and all the other things he's been doing. so that's been the weakness and the numbers, too, that i'm looking for on the inside the polls are mitt romney's attributes and his ratings among independents because forget whether the polls are skewed for ds or rs, as long as mitt romney keeps winning independents, chances are mitt romney's going to win. in this pew poll, he won independents today, having nothing to do with whether it's skewed one party or the other. that's something to keep your eye on. romney's favorability is moving up, obama's are moving down. mitt romney's winning independents. >> it is just amazing how quickly narratives change in this election. last week, it was, you know, doomsday for romney, then the debate happened. who knows what it's going to be next week. is it still wide open? >> i think it's moved from a race that was heavily tilted toward obama, the president
his an state of the economy and whether the president is partially or enough to blame for the bad economy, he's going to lose. that's why you see the president has been launching all the attacks against bain and all the other things he's been doing. so that's been the weakness and the numbers, too, that i'm looking for on the inside the polls are mitt romney's attributes and his ratings among independents because forget whether the polls are skewed for ds or rs, as long as mitt romney keeps...
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Oct 10, 2012
10/12
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it is of course a campaign about the economy. everyone says it's about the economy, but even more than that, it is about the future of the american dream. it's about the future of the middle class. and that's very strong ground for this president. people believe that he is fighting for the middle class in a way that they do not trust mitt romney to do. >> can i put forward a theory? >> that is why you're here. >> there has been so much panic since the last debate and i think michelle obama has a better view of this race than some of the pundits. andrew sullivan all by declared this thing over and he's a obama supporter. >> i believe it says here the election is november 6th. >> i've heard that, too. >> and there's a theory there that michelle is operating on. and the theory is that people are still listening and organizing on the ground involves telling people about the president's record to win. and if you look at the debate numbers, the most important one i think has been glossed over. when you ask independents about the debate
it is of course a campaign about the economy. everyone says it's about the economy, but even more than that, it is about the future of the american dream. it's about the future of the middle class. and that's very strong ground for this president. people believe that he is fighting for the middle class in a way that they do not trust mitt romney to do. >> can i put forward a theory? >> that is why you're here. >> there has been so much panic since the last debate and i think...
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Oct 8, 2012
10/12
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we are in a weak economy. this would be a bad time to raise taxes for any one whether it's the rich, the poor. now in all fairness less than 50 percent of the people in this country pay taxes anyway which is another amazing statistic. i wouldn't believe that statistic. the rich pay tremendous amounts of taxes. most of the taxes in the country and they really have to be at least -- rich people if they don't love their country they can go to other countries and pay a lot less tax. if you were in new york and the taxes were high you could move to florida or move here. with globalization and everything -- >> why don't you move to florida. we have golf courses in miami. >> i have a lot of great properties in florida. i just -- >> the minute you walk you hed florida. >> i love new york. i stick with new york. it's a great place. it's where i want to be. >> even though -- if you were in florida 6 months and a day you save 10 percent of what you are presently paying. >> don't even tell me that. you will convince me. t
we are in a weak economy. this would be a bad time to raise taxes for any one whether it's the rich, the poor. now in all fairness less than 50 percent of the people in this country pay taxes anyway which is another amazing statistic. i wouldn't believe that statistic. the rich pay tremendous amounts of taxes. most of the taxes in the country and they really have to be at least -- rich people if they don't love their country they can go to other countries and pay a lot less tax. if you were in...
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Oct 12, 2012
10/12
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look, we can grow this economy faster. that's what our five-point plan for a stronger middle class is all about. it's about getting 12 million jobs, higher take home pay, getting people out of poverty into the middle class. that means going with proven pro-growth policies that we know work to get people back to work. putting ideas on the table, working with democrats, that actually works sometimes. and then -- >> vice president, could we get to that issue of what you could bring as a man, human being? i'm really going to keep you to about 15 seconds here. >> he gets 40? i get 15. >> he didn't have 40. >> let me tell you, my record stands for itself. i never say anything i don't mean. everybody knows whatever i say i do. and my whole life has been devoted to leveling the playing field for middle class people. giving them an even break. treating main street and wall street the same. holding them to the same responsibility. look at my record. it's been all about the middle class. they're the people who grow this country. we t
look, we can grow this economy faster. that's what our five-point plan for a stronger middle class is all about. it's about getting 12 million jobs, higher take home pay, getting people out of poverty into the middle class. that means going with proven pro-growth policies that we know work to get people back to work. putting ideas on the table, working with democrats, that actually works sometimes. and then -- >> vice president, could we get to that issue of what you could bring as a man,...
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Oct 12, 2012
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the economy was in free fall. the great recession hit. 9 million people lost their jobs. 1.7 -- 1 $0.60 trillion lost. we have to ask -- we had to act for the middle-class. we had to rescue general motors, and make sure we cut taxes for the middle class. when that happened, what did mitt romney do? he said the lead detroit go bankrupt. he said let foreclosures hit the bottom. it should not be surprising for a guy who says 47% of the american people are not willing to take responsibility for their own lives. my friend in washington said 30% of the people in america are takers. these people are my mom and dad, the neighbors i grew up with, who pay more effective tax than governor romney pays. they are veterans, and veterans who are -- and people fighting in afghanistan war "not paying any taxes." >> joe and i are from similar towns. he is from scranton, pa., i'm from janesville, wisconsin. do you know what the unemployment rate is in scranton, pennsylvania? >> i sure do. >> to date inherit a tough situation, certain
the economy was in free fall. the great recession hit. 9 million people lost their jobs. 1.7 -- 1 $0.60 trillion lost. we have to ask -- we had to act for the middle-class. we had to rescue general motors, and make sure we cut taxes for the middle class. when that happened, what did mitt romney do? he said the lead detroit go bankrupt. he said let foreclosures hit the bottom. it should not be surprising for a guy who says 47% of the american people are not willing to take responsibility for...
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Oct 6, 2012
10/12
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they voted on his leadership and not who would better manage the economy. if you saw john mccain and not moment, he suspended his campaign. he went to washington insider candidate should come within. went back to the campaign trail, was going to be the debate. there's a lot of lurching going on with john mccain at that point. our candidate number one from the campaign trail. he stayed for a midair. he positioned his leadership of the people, with the neighborhoods. john mccain was the voice echoing from the halls of washington. that was the contrast of favorite our candidate. and then to the last point i want to make, which is mind your ceo makes. when john mccain, for example, said i'm going to -- we should put the debate and focus on the bill. our cannadaycannaday's response was less than come i can run a campaign. i can do the debate. i can do more than this. i've got an organization that can handle a lot. i'll be ready for the debate. there is a sense that barack obama was a leader in these moments, too. so i think all of these things are in play on the
they voted on his leadership and not who would better manage the economy. if you saw john mccain and not moment, he suspended his campaign. he went to washington insider candidate should come within. went back to the campaign trail, was going to be the debate. there's a lot of lurching going on with john mccain at that point. our candidate number one from the campaign trail. he stayed for a midair. he positioned his leadership of the people, with the neighborhoods. john mccain was the voice...
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Oct 12, 2012
10/12
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a stagnant economy that promotes more government dependency, or a dynamic growing economy that promotes opportunity and jobs? mitt romney and i will not duck the tough issues. and we will not blame others for the next four years. we will take responsibility and we will not try to replace our founding principles. we will reapply our founding princip principles. the choice is clear. and the choice rests with you. and we ask you for your vote. thank you. >> and thank you, both, again. thank you very much. this concludes the vice presidential debate. please tune in next tuesday for the second presidential debate at hofstra university in new york. i'm martha raddatz of abc news. i do hope all of you go to the polls. have a good evening. >> that was 90 minutes that felt like it was about nine minutes. a fast-moving intensely combative debate for the vice presidential debate this year, focused on complex substantial issues of foreign policy as much as it focused on economic and social issues, obviously they did not hit everything. still, now, over the two debates. for example, we've had no dis
a stagnant economy that promotes more government dependency, or a dynamic growing economy that promotes opportunity and jobs? mitt romney and i will not duck the tough issues. and we will not blame others for the next four years. we will take responsibility and we will not try to replace our founding principles. we will reapply our founding princip principles. the choice is clear. and the choice rests with you. and we ask you for your vote. thank you. >> and thank you, both, again. thank...
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Oct 11, 2012
10/12
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economy. $120 billion that enables strapped families to spend money on what they need. and let's provide employers -- provide incentives certainly for small businesses and beyond if not for every worker they hire because that would be paying for a great deal that takes place, but when they choose to grow their work force, let's make sure that for the first year those new employers are on the payroll that we are giving employers a hand in meeting those costs. and when we are supporting employment incentives, let's begin long process of making sure that we have a system in the united states, a labor intensive system that could employ a large number of dedicated professionals that can support people, support our young people who are not succeeding right now in making the transition from school to work, whether that be from the college or whether that be from high school third, let's have an energy debate that is defined not by war but by the end and the scope to do more with renewals. there is sc
economy. $120 billion that enables strapped families to spend money on what they need. and let's provide employers -- provide incentives certainly for small businesses and beyond if not for every worker they hire because that would be paying for a great deal that takes place, but when they choose to grow their work force, let's make sure that for the first year those new employers are on the payroll that we are giving employers a hand in meeting those costs. and when we are supporting...
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Oct 6, 2012
10/12
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it is one of the more dynamic parts of the economy. if you look at the statistics, job growth and economic growth has slowed in that department. identified three areas where the fcc could do more with respect to the it sector. to the it sector.
it is one of the more dynamic parts of the economy. if you look at the statistics, job growth and economic growth has slowed in that department. identified three areas where the fcc could do more with respect to the it sector. to the it sector.
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Oct 12, 2012
10/12
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everyday you see all the ways all of us at us bank are helping grow our economy. lending more so companies and communities can expand, grow stronger and get back to work. everyday you see all of us serving you, around the country, around the corner. us bank. five days later, i had a massive heart attack. bayer aspirin was the first thing the emts gave me. now, i'm on a bayer aspirin regimen. [ male announcer ] be sure to talk to your doctor before you begin an aspirin regimen. [ woman ] learn from my story. >>> looking to show a live shot of senator rand paul in danville, kentucky, getting ready for the big debate night tonight. and joe biden has been studying up for tonight's debate and spending a good deal of time with his son, bo. the delaware attorney general moved in with his parents while his home is being renovated and spoke this morning before he and his father flew to kentucky for tonight's debate. take a look. >> how does living together work when he's here prepping for debates? >> we've got to make sure the kids are a little more quiet and when he's pre
everyday you see all the ways all of us at us bank are helping grow our economy. lending more so companies and communities can expand, grow stronger and get back to work. everyday you see all of us serving you, around the country, around the corner. us bank. five days later, i had a massive heart attack. bayer aspirin was the first thing the emts gave me. now, i'm on a bayer aspirin regimen. [ male announcer ] be sure to talk to your doctor before you begin an aspirin regimen. [ woman ] learn...
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Oct 8, 2012
10/12
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CSPAN
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eye 133
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when the market collapsed, people favored are catnip it because he was better on the economy. but we changed the election into an election about leadership. that is where people broke -- that is where people voted for barack obama. if you saw john mccain in that moment, he suspended his campaign and went to washington and said are candid it should come with him and went back to the it campaign trail, was going to be a debate and is a lot of lurching going on from john mccain. our campaigns stayed firmly there. john mccain was the voice echoing from the halls of washington. that was a contrast that favored are can't it. i think when john mccain said we should skip the debate and focus, why can't it's response was i can do more things at once. i've got an organization that can handle a lot. voters want to hear from us. there's a sense that barack obama was a steady leader in these moments. all of this play on the campaign trail, people are evaluating, there is a definition more that's going on and a credibility battle going on. there is a sense of which one is going to be the be
when the market collapsed, people favored are catnip it because he was better on the economy. but we changed the election into an election about leadership. that is where people broke -- that is where people voted for barack obama. if you saw john mccain in that moment, he suspended his campaign and went to washington and said are candid it should come with him and went back to the it campaign trail, was going to be a debate and is a lot of lurching going on from john mccain. our campaigns...
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Oct 9, 2012
10/12
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. >> big, yellow, a menace to our economy, mitt romney knows it's not wall street you have to worry about, it's sesame street. >> i'm going to stop the subsidy to pbs. >> mitt romney taking on our enemies no matter where they nest. >> now it's funny. >> politics. >> when talking about sesame street and not taxes, you know, foreign policy or, you know, what to do about the fiscal cliff, what kind of a campaign is that? >> well, this is -- so the gamut here, you mentioned, this is on cable tv nationally in some broadcast tv nationally and not in any swing state. if the obama campaign spent $100,000 on this ad buy, i would be surprised. they certainly don't have any real money behind it. this is meant to be a talker in the media and to send to their base and say see, mitt romney, he's being ridiculous. the danger when you do things like this, this close to an election is to your point, i got lots of republicans sending me the famous barack obama quote from 2008 about john mccain that he can't talk about big things in this election so he's trying to make it about small things. i don't think b
. >> big, yellow, a menace to our economy, mitt romney knows it's not wall street you have to worry about, it's sesame street. >> i'm going to stop the subsidy to pbs. >> mitt romney taking on our enemies no matter where they nest. >> now it's funny. >> politics. >> when talking about sesame street and not taxes, you know, foreign policy or, you know, what to do about the fiscal cliff, what kind of a campaign is that? >> well, this is -- so the gamut...
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Oct 14, 2012
10/12
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CSPAN
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there is a focus on the economy in the first debate when it romney did well. i will be watching him talk about things beyond just the thought. the romney campaign says he is in -- has been involved in tons of town halls. guest: usually campaigns tried to downplay that. everybody is pleasantly surprised. we know that any doubt the present obama is very good that. things have become so highly partisan and are still a last couple of years. it is hard to see how much these things have an impact? i would argue that the first of a dead considerable impact. host: 1 on the columnists at "the boston globe" had this piece -- is he talking to the right or the center right now? guest: remarkably, i would argue that he has stuck more closely to the right to than i think many people were predicting. many people thought as soon as he got through the primary, he would immediately tack back towards the middle. he really has not on many key issues. he has stuck closely to exactly what he said during the primary. with picking his running mate, paul ryan, conservatives or very ha
there is a focus on the economy in the first debate when it romney did well. i will be watching him talk about things beyond just the thought. the romney campaign says he is in -- has been involved in tons of town halls. guest: usually campaigns tried to downplay that. everybody is pleasantly surprised. we know that any doubt the present obama is very good that. things have become so highly partisan and are still a last couple of years. it is hard to see how much these things have an impact? i...
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Oct 12, 2012
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and the health of the economy. and there is a lot of data in the report beyond the unemployment rate that gives us an understanding of what is going on in the economy. host: when we look at unemployment in total private, is this the jobs report that everybody eagerly awaites how many jobs were created or how many jobs were added to the economy, is this this report? guest: that's right. that's the other headline number on our report other than the unemployment rate. this is looking at the private sector and we see there was a period where we were losing a massive number of jobs. we have been gaining some. in 201 job growth has averaged about 145,000. host: this is done on a monthly basis. guest: yes. 140,000 in july of 2012 correct. host: are all of these charts available to anybody that goes to the website? guest: all of the data is available on the b.l.s. website. people can get the press release and the times data that we have. we have a lot of information about our methodology on the website. there is a lot of i
and the health of the economy. and there is a lot of data in the report beyond the unemployment rate that gives us an understanding of what is going on in the economy. host: when we look at unemployment in total private, is this the jobs report that everybody eagerly awaites how many jobs were created or how many jobs were added to the economy, is this this report? guest: that's right. that's the other headline number on our report other than the unemployment rate. this is looking at the...